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Asian stocks set to drift higher on U.S. cues; dollar weak

Asian stocks are set to edge higher on Monday following cautious gains on Wall Street, though the dollar is set to come under pressure...

Softbank-Saudi tech fund becomes world’s biggest with $93 billion of capital

The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it had raised...

Boeing signs defense, commercial deals with Saudi Arabia

Boeing Co has signed several defense and commercial deals with Saudi Arabia including for the sale of military and passenger aircraft, the company said...

EU bars Med-View Airline over safety concerns

Maureen Ihua-Maduenyi The European Commission has barred a Nigerian carrier, Med-View Airline, from operating in its airspace over safety concerns. The airline is one of those...

Ford to sack 20,000 workers on Payroll

US auto giant Ford is poised to cut thousands of jobs worldwide, with reductions expected to total about 10 percent of its global workforce,...

Technicals stand out amid a quiet market

As the strongest earnings season since 2011 draws to a close, and with the S&P 500 .SPX and Nasdaq Composite .IXIC hovering near record...

Global cyberattack disrupts shipper FedEx, UK health system

By Costas Pitas and Carlos Ruano | LONDON/MADRID A global cyberattack leveraging hacking tools widely believed by researchers to have been developed by the U.S....

NNPC Chief Executives sign performance bond to maximise profit

Abuja – The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, on Thursday directed the Corporation’s Chief Operating Officers...

Snapchat faces harsh reality check after $2.2bn loss

Snapchat’s hopes to become the next big social media platform hit a brutal reality check with the first earnings report from parent company Snap...

Naira hits 400/dollar on CBN’s investors FX window

The naira traded at 400 to the United States dollar in deals for investors on Monday, traders told Reuters, two weeks after the Central...

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